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- 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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Bitcoin difficulty reaches a new high, rising 17.73% in 2024.
[Golden Finance] According to reports, the Bitcoin network difficulty rose by 1.42% last Friday at Block Height 909,216, making it more difficult to obtain Block Rewards. This adjustment pushed the difficulty up to 1.2944 trillion, setting a new all-time high for the network.
As of 2025, the difficulty has been adjusted 16 times, with a slight increase of 0.61% starting from January 12.
Among them, there were 11 increases, totaling a rise of 34.27%; and 5 decreases, totaling a drop of 16.54%. This means that the Bitcoin mining difficulty has risen by 17.73% so far this year. The latest increase has also led to a slight decrease in the hash rate.